MEDIA: Canton Fair signals resilience of Chinese foreign trade

The 2nd phase of the 135th session of the China Import and Export Fair, known as the Canton Fair, commenced in Guangzhou, attracted nearly 10,000 exhibitors from 30 countries. This event serves as a testament to China's robust foreign trade amid global uncertainties.

Observers refute negative portrayals of China's economy, emphasizing its enduring potential fuelled by innovative advancements in productive forces. Despite geopolitical tensions and supply chain disruptions, overseas companies are increasingly diversifying their markets, contributing to China's export stability.

While criticisms regarding China's new-energy sector persist, external demand for Chinese goods remains strong. With global trade expected to recover gradually, WTO anticipates modest growth in merchandise trade, affirming China's pivotal role in the global economy. Analysts assert that China's long-term economic trajectory remains steady, underpinned by strategies aimed at fostering sustained growth.